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24 February 2024 | 8 replies
(The sponsor has since said he'll amend it to only apply to homes rented as a vacation rental 200 or more days a year.)A new competing bill would apply the commercial tax rate of 29% to Airbnb properties -- like the first bill -- but only if the home is the third or more property of a single owner.
25 February 2024 | 19 replies
To leverage this benefit, prospective property owners must engage in short-term rentals and provide substantial services to guests, such as daily cleaning, meal provisions, or transportation services.Additionally, navigating a material participation test becomes crucial.
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25 February 2024 | 9 replies
Right now I'm starting with distressed homes and looking for those owners who want to sell as is.
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24 February 2024 | 10 replies
I presume that the HOA would need to be managed by the building owners or a particular HOA management group (property manager) and the property would be owned by the HOA, right?
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25 February 2024 | 1 reply
It looks like there are a few different ways to find potential partners - joining an investment club, real estate events in your area, other real estate agents, reaching out to property owners and managers you know, friends and family, lenders (hard money, traditional), financial advisors, crowdfunding, targeting your network (which I am sure you have a great one being a real estate agent!)
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26 February 2024 | 28 replies
This was in a competitive market, but the owner knew that if it wasn't fixed, no one was going to buy it.
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24 February 2024 | 27 replies
Property managers collect rent from guests and pass the rent to the owners.
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24 February 2024 | 3 replies
Any good recommendations for a lawyer who understands real-estate investing and can write up owner-financing contracts?
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24 February 2024 | 8 replies
Everyone says pull "absentee owner" pull "tax delinquent" pull "tired landlord" and the list goes on.
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22 February 2024 | 1 reply
This spring I'm looking to get into contact with property owners in Utah who are open to an arbitrage sublease.